The current PE ratio for Monarch Casino & Resort stock as of May 3, 2024 is 16.12. This is calculated based on the current EPS of $4.28 and the stock price of $69.01 per share. The P/E ratio has an increase of 5% from the past four quarters average of 15.3.
The average historical PE ratio of Monarch Casino & Resort for the last ten years is 22.64. The current PE ratio of 16.12 is 29% below the historical average. Over the past ten years, MCRI's PE ratio was at its highest in the Sep 2020 quarter at 55.06, when the stock price was $44.6 and the EPS was $0.81. The lowest value was in the Sep 2022 quarter, when it reached 12.5 with a price of $56.14 and an EPS of $4.49.
Maximum annual increase: 71.67% in 2020
Maximum annual decrease: -57.32% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.16 | -3.35% |
| 2022 | 16.72 | -16.82% |
| 2021 | 20.1 | -57.32% |
| 2020 | 47.09 | 71.67% |
| 2019 | 27.43 | 37.36% |
| 2018 | 19.97 | -35.39% |
| 2017 | 30.91 | 70.3% |
| 2016 | 18.15 | -2.52% |
| 2015 | 18.62 | -4.61% |
| 2014 | 19.52 | 6.96% |
The current PE ratio of MCRI is below the 3, 5 and 10-year averages.
Compared to its peer LVS, MCRI's PE ratio stands lower, however it is higher than MGM's and WYNN's. Monarch Casino & Resort is presently trading at a higher PE ratio (16.12) than its peer group average of 15.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BYD Boyd Gaming Corp | 9.68 | $5.13B |
| WYNN Wynn Resorts Ltd | 14.9 | $10.84B |
| MGM MGM Resorts International | 15.66 | $12.87B |
| MCRI Monarch Casino & Resort Inc | 16.12 | $1.31B |
| LVS Las Vegas Sands Corp | 22.64 | $34.92B |
| CNTY Century Casinos Inc | N/A | $94.12M |
| PENN Penn National Gaming Inc | N/A | $2.31B |
MCRI stock has a price to earnings ratio of 16.12 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for MCRI stock is 17.06.
Over the last 5 years, the average price to earnings ratio for MCRI stock is 24.43.
Over the last ten years, the quarterly PE ratio reached a historic high of 55.06 in the Sep 2020 quarter.
The current price to earnings ratio of MCRI is 29% lower than the 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Monarch Casino & Resort's stock price is $69.01. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.28. Therefore, Monarch Casino & Resort's P/E ratio for today is 16.12. PE RATIO(16.12) = STOCK PRICE($69.01) / TTM EPS($4.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.